2176 BEAR LAKE, Garden City, UT 84028
2BD/—BA Residential in Garden City, UT 84028. 900 sqft. Built 1979. Listed at $417,000. MLS #2160313.
2BD/—BA Residential in Garden City, UT 84028. 900 sqft. Built 1979. Listed at $417,000. MLS #2160313.
Beautifully updated Bear Lake retreat with direct walkout access to the lawn, beach, lake, and resort amenities from two separate sliding glass patio entrances. This fully furnished condo features an updated open layout with spacious living areas, remodeled kitchen, stone countertops, upgraded cabinetry, and modern finishes throughout. Large windows and patio access create a bright and inviting space while capturing relaxing lake and mountain views. The updated design, combined with easy ground-level access, makes this an ideal setup for personal enjoyment, vacation use, or investment potential. Located alongside neighboring units also available for purchase, creating a rare opportunity for multiple families or groups looking to own adjoining properties in one of Garden City's most sought-after beachside locations. Recently updated with a brand-new metal roof and currently participating in the established rental pool with strong summer bookings already in place. Buyer to honor existing rental pool participation through the current rental term ending September 7, 2026. An outstanding opportunity for personal use, investment potential, or for multiple families looking to secure adjoining units together in one of Garden City's most desirable resort locations. ****Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
IDEAL BEACH
County
Rich
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
900 sq ft
Condition
Blt./Standing
MLS #
2160313
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
IDEAL BEACH
County
Rich
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Stone,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
900 sq ft
Condition
Blt./Standing
MLS #
2160313
List Price
$417,000
HOA Fees
$350 / Monthly
Annual Taxes
$2,707
Home Warranty
No
List Price
$417,000
HOA Fees
$350 / Monthly
Annual Taxes
$2,707
Home Warranty
No
Heating
Electric
Cooling
Natural Ventilation
Roof
Metal
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Electric
Cooling
Natural Ventilation
Roof
Metal
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Cement Siding
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
45/100
vs Similar Homes
19% above
vs Market Median
15% above
Area Growth (YoY)
3.5%
Deal Score Breakdown
45/100
3.5% year-over-year ZHVI growth in this area
Priced 19% above the median of similar listings
Priced 15% above the per-subtype city median
STR net cashflow -$2,674/mo (-82.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$9,435/yr
$534/night · 38% occupancy · $111/bedroom · $0.19/sqft
Net Monthly Cash Flow
−$2,675 /mo (−$32,095/yr)
Monthly STR income
Monthly ownership cost
Coverage
24%
Net /mo
−$2,674
DSCR
0.26
Best Download
500 Mbps
Best Upload
100 Mbps
Fiber Available
No
Providers
4
Available Providers
$655,000
-36% vs median
145 days
185
$68,500 – $4,400,000
$2,707
$350/monthly
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